22,050 Shares in iShares U.S. Technology ETF $IYW Acquired by Money Concepts Capital Corp

Money Concepts Capital Corp acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 22,050 shares of the exchange traded fund’s stock, valued at approximately $5,841,000.

Several other institutional investors also recently modified their holdings of IYW. Envestnet Asset Management Inc. raised its stake in shares of iShares U.S. Technology ETF by 2.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,352,659 shares of the exchange traded fund’s stock valued at $341,174,000 after purchasing an additional 31,952 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new stake in iShares U.S. Technology ETF during the second quarter worth $200,579,000. Hsbc Holdings PLC boosted its stake in iShares U.S. Technology ETF by 10.3% during the first quarter. Hsbc Holdings PLC now owns 977,825 shares of the exchange traded fund’s stock worth $177,397,000 after buying an additional 91,338 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in iShares U.S. Technology ETF during the third quarter worth $150,156,000. Finally, Kestra Advisory Services LLC increased its holdings in iShares U.S. Technology ETF by 1.2% in the 3rd quarter. Kestra Advisory Services LLC now owns 483,241 shares of the exchange traded fund’s stock valued at $128,011,000 after buying an additional 5,513 shares during the period. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $235.29 on Friday. iShares U.S. Technology ETF has a 52-week low of $172.54 and a 52-week high of $274.44. The firm has a market capitalization of $23.51 billion, a PE ratio of 26.89 and a beta of 1.37. The company’s fifty day moving average price is $254.40 and its two-hundred day moving average price is $230.92.

iShares U.S. Technology ETF Profile

iShares U.S. Technology ETF, formerly iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology Index (the Index). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.